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Subsequent Events
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9 Months Ended |
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Sep. 30, 2012
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| Subsequent Events [Abstract] | |
| Subsequent Events |
10. Subsequent Events Subsequent to September 30, 2012, Sonic disposed of two dealerships, which generated cash from disposition of approximately $21.0 million. The results of operations for these subsequently disposed dealerships are included in continuing operations for the third quarter and nine-month periods ended September 30, 2012 and 2011 in the Unaudited Condensed Consolidated Statements of Income. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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